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346 Companies Registered for the 2018 Business Award

Registration of companies for the 2018 Business Award has been completed. A total of 346 companies have passed registration due to the following nominations: Startup of the year – 34% Business for Positive Influence – 25% Georgian Products of the Year – 14% Businesswomen of the Year – 12% Tourism …

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American University Leader of International Education Signed Memorandum of Cooperation with Webster Business and Technology University

The American University has signed a memorandum of cooperation with Webster Business and Technology University. The signing ceremony was held at the University of Business and Technology. The memorandum was signed by Vice President of Webster Julian Schuster and Rector of Business and Technology University Andro Rurua. Within the framework …

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Startuperi Offers New Financial Product for Amateur Businessmen

Startuperi offers new innovative financial product to the representatives of new businesses in Georgia – up to 15 000 GEL Startup loan without participation and it simplifies for them to reach the capital. Using 15,000 GEL, startup business representatives will be able to develop existing business as well as making …

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FLYHELP won over 1,500 Airlines and Compensated 1 million GEL

The company FlyHelp won 1,500 cases in one year and the sum received in compensation amounted to 1 000 000 GEL. Head of Bm.ge Company Misha Chanturia told about it. Head of the company Misha Chanturia said: “This is the amount received from foreign airlines in Georgia, not even one …

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Pension System Enforcement will Increase Expenses in Business Sector?

The pension system reform will be enforced in Georgia starting 2019. Employers, employees and the Government will pay equal deposits to the Pension Fund simultaneously. Namely, employees will pay 2% of the salaries to the Pension Fund. Employers and the Government will also pay 2% each to the employee’s pension …

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Cigarettes Exports from Georgia Rise by 465%

In January-September 2018 exports of cigarettes, cigars and cigarillos constituted 100.461 million USD, which is 4.1% of Georgia’s total exports. According to the early report by Geostat, national statistics service of Georgia, as compared to the same period of 2017, cigarette exports from Georgia has increased by 465%. Namely, in …

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Georgia Named Among Successful Countries for Regus

“As a representative of Regus, I am proud that based on last year’s results, Georgia has been named among successful countries for the company,” states Ruska Chakvetadze, the Georgian branch manager of the British firm Regus.  Regus currently has two branches in Georgia. The company opened its first A-class business centre on Freedom …

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